| WASHINGTON PRIME GROUP INC. (Filer) CIK: 0001594686 (see all company filings) |
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| IRS No.: 000000000 | Fiscal Year End: 1231 | | | |
| Type: 10-K | Act: 34 | File No.: 001-36252 | Film No.: 18633307 | | |
| SIC: 6798 Real Estate Investment Trusts | | | | |
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| Instruction: | | | | | |
| Washington Prime Group (WPG) is a real company registered with the SEC. It is a Real Estate Investment Trust (REIT) that operates like any other corporate. |
| Use the following finanial statements, to complete the required tasks. | |
| Some items on the financial statements don’t look familiar, it is not unusual at all. No one is familiar with all items in all industry……. |
| If this is the first time you are exposed to this industry, it is expected that you encountered some unfamiliar items. |
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| Required: | | | | | | |
| a. | on the balance sheet and the income statement, insert columns to show the common size analysis. |
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| b. | on a separate sheet, forecast the income statement for the next 2 years to come, show the asssumptions you made in your forecast. |
| (students are encouraged, but not required, to conduct real-world market studies to reach realistic assumptions, |
| it is understood that it is a classroom exercise and no one in this classroom is really the expert in this industry |
| the point is to do a full forecast and to see how sensitive your numbers are to the assumptions you made…..) |
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| c. | on a separate stheet, itemize/list your points to analyze | |
| whether you believe this is a strong companay worth buying into, or a weak company that your should sell out if you have their stocks. |
| (again, no one is expert in this industry and this company, your reasoning and analyses are the most important part, |
| the outcome of either, to buy, to hold, or to sell, has to be strongly supported by your analyses….) |
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